Monetary Stimulus –

An increase in private payrolls helped the stock market before the holiday weekend.  The positive payroll data may keep the Federal Reserve from taking measures to add a monetary stimulus later in the month.  One concern is that a slow response by the Fed to economic conditions could worsen the long term outlook.

To read a related Bloomberg article, please click here:

http://www.bloomberg.com/news/2010-09-03/federal-reserve-under-reduced-pressure-to-add-stimulus-after-jobs-report.html

James Sutliff

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